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Bitbot’s presale frenzy grows as $1.1M is raised: Can $BITBOT claim a 100x gain?

  • Bitbot has generated FOMO due to its self-custodial features.
  • The project runs a $100,000 airdrop with $1,000 rewards.
  • $BITBOT carries a 100x potential amid presale frenzy and unique strengths.

Crypto trading on Telegram bots gathered phase in 2023. This came after the launch of popular tokens such as Banana Gun and Unibot. Both saw unprecedented gains, cementing the status of Telegram bots as an unstoppable crypto phenomenon. Bitbot launches when this frenzy is still alive while guaranteeing added security advantages. This has created a frenzy for the token, with the presale raising more than $1.16 million through stage 6. Consequently, Bitbot has been labelled a 100x token amid its self-custodial features. Let’s investigate more about this token.

Bitbot generates FOMO: What is its unique value proposition?

The key to Bitbot’s popularity is intense speculation. This is the first Telegram trading bot project offering self-custodial features. But what does this mean?

Trading on Telegram trading bots has been beset with controversy. The exploits of leading projects such as Unibot and Banana Gun showed how less protected investors are. This has been caused by the fact that these projects are custodial. They hold users’ private keys and assets, exposing them to potential losses if their accounts are compromised.

With self-custodial features, Bitbot allows users complete control over their assets. Users control their private keys, meaning no one can steal their assets if the platforms are exploited. This is an advantage to users seeking greater control and peace of mind when trading on Telegram trading bots. 

Owing to the self-custodial features, Bitbot has generated a frenzy that the token could explode when listed. Similar price trends have been recorded in other Telegram trading bots launched earlier. As such, Bitbot’s superior strengths could fuel higher price movements and return more to investors.

In addition to being self-custodial, the project is attractive with its enhanced security mechanisms. The wallet is secured by KnightSafe security protocols for institutional-grade reinforcement. There are other safety enhancements, such as anti-rug features. 

The all-around protections have created an expectation that $BITBOT is a huge potential token. The frenzy is underlined by the rapid presale and token predictions, which are as high as 100x. 

Bitbot: Profitable token with up to $100K airdrops and 50% revenue shares

The number of followers on Bitbot’s socials has grown rapidly, thanks to profitable offers. An example is Twitter, which has over 114,000 followers. The attraction has been due to the profitable opportunities posted on the platforms. The notable one is the $100,000 airdrop that has attracted fans. 

The competition is open to all fans globally. Winners stand a chance to walk away with $1,000 worth of Bitbot tokens from a $100,000 prize pool.

The prelaunch offer is ongoing, with users needing to act on Bitbot to win odds. One just needs to participate in Bitbot, share about the project, subscribe to its mailing list, and more. Winners will be rewarded right before the project kicks off. 

Bitbot is also a source of long-term passive income generation. Token holders get a share of 50% of transaction fee revenue generated from the platform. Aside from enjoying seamless trading through an app, one grows their investment over time. The unique advantage over rivals makes Bitbot a very attractive trading platform. This generates value for the token, unlocking its future potential.

Can $BITBOT rise by 100x?

Telegram trading bots represent the future of trading, and statistics back this up. The sector has witnessed over $13.6 million in cumulative trading volumes. This is an advantage to the Bitbot token, debuting when a market frenzy unfolds. As such, the debut could be met with wild price movements.

Whether $BITBOT can rise 100x is speculative. However, rival tokens, which carry lesser superior features, have risen by approximately similar margins. As such, $BITBOT carries the potential to claim a 100x gain. A robust presale and speculation cement the token’s status as a potential big gainer.

To purchase $BITBOT while on presale, investors can visit the project’s website page.

The post Bitbot’s presale frenzy grows as $1.1M is raised: Can $BITBOT claim a 100x gain? appeared first on CoinJournal.

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Particle Network introduces modular L1 blockchain for a multi-chain ecosystem

  • Particle Network’s modular L1 blockchain is a universal settlement layer for a multi-chain ecosystem.
  • It features Chain abstraction and Universal Accounts.

Particle Network has introduced its modular Layer-1 blockchain, an upgrade powered by chain abstraction and universal accounts to make user experience across blockchains easier.

Particle Network’s L1 is a Cosmos-SDK-based blockchain that will act “as a universal settlement layer for the multi-chain ecosystem.”

“Relying on the Cosmos SDK to build this chain allows us to make it intrinsically modular, retaining its sovereignty while outsourcing key functions like validation and data availability to specialized ecosystem actors. Our L1 is also based on Rollkit and uses Berachain’s Polaris framework for EVM compatibility. Furthermore, it leverages a Universal Inter-Blockchain Communication (IBC) protocol for interoperability, enabling cheap, fast cross-chain transaction execution,” Particle Network noted in a blog post.

A unique user experience

According to the Particle Network team, chain abstraction allows for simplified user interactions in a multi-chain ecosystem.

Within this framework, any user can interact with any product and asset in the rapidly growing Web3 landscape. Chain abstraction enables functionality for Universal Accounts, which in this case, create an environment that works similar to a single chain with unified liquidity and sovereignty.

Chain abstraction and universal accounts allow users to interact with different types of blockchain networks and decentralised applications (dApps). Particle’s Wallet Abstraction means a universal Web3 experience with no worries about multiple wallets and bridging among other factors.

The L1 will rely on Universal Accounts for simplified smart contract management across all EVM chains as well as heterogeneous blockchains like Bitcoin (BTC) and Solana (SOL).

Universal Liquidity will provide for unified liquidity with optimistic execution of atomic transactions and swaps. There’s also Universal Gas Token that allows users to pay gas with a single gas token rather than multiple units.

The post Particle Network introduces modular L1 blockchain for a multi-chain ecosystem appeared first on CoinJournal.

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Robinhood rolls out crypto wallet to Android users globally

  • Robinhood Wallet is now officially available to Android users globally.
  • Users on public waitlist can download app and access crypto from across the world.

Robinhood has officially announced global accessibility for its crypto wallet for eligible Android users.

The company confirmed the roll out via a blog post on March 20.

Robinhood Wallet brings crypto to millions of Android users

With Robinhood Wallet now available to all eligible Android users, Robinhood is fulfilling part of its mission to bring crypto to the masses. Android accounts for 70% of the global market share of mobile OS and Robinhood Wallet’s accessibility on these devices means the company could reach millions of crypto users.

“Launching Robinhood Wallet on Android is a big step forward in our commitment to make crypto more accessible and seamlessly integrated into daily life for millions of people around the world,” Johann Kerbrat, Robinhood Crypto general manager, said in a statement.

“Whether you’re in Africa, Asia, South America, or somewhere else, Robinhood Wallet is your gateway to the future of finance, and the world of crypto and web3,” Kerbat added.

Robinhood Wallet launched globally to iOS users in 2023. Availability on Android app now opens access to users who previously joined the public waitlist.

Users of Robinhood Wallet can send, receive and store crypto on the self-custodial wallet. It supports major networks, including Bitcoin, Ethereum, Dogecoin, Polygon, Arbitrum, Optimism and Base.The wallet also offers token swaps for users on Ethereum, Polygon and Arbitrum.

Wallet users can also discover trending tokens or access the latest cryptocurrency news directly from their Android app.

The post Robinhood rolls out crypto wallet to Android users globally appeared first on CoinJournal.

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STORJ and Synthetix Network in opportunity zone; KangaMoon (KANG) attractive

As the cryptocurrency market battles downside pain, several altcoins have dipped to levels where they present the greatest opportunity for upside returns. Analysts at Santiment have identified Storj (STORJ) and Synthetix (SNX) as two of these altcoins.

Elsewhere, there’s fresh interest in KangaMoon (KANG), a project whose presale shows increasing confidence from crypto investors.

Analysts spotlight buy opportunity for STORJ, SNX

As Bitcoin price fell to lows of $61k on Tuesday, a key metric suggested a number of altcoins are largely underbought and currently hover in the buy zone.

Analysts at market intelligence and analytics platform Santiment have pointed to its MVRV Opportunity & Danger Zone Model for this prediction.

According to Santiment, “projects with minimal returns compared to the rest of the sector have a higher probability of a more efficient rebound for those who are willing to ‘buy the dip’”. This is the outlook for tokens such as Bounce, Lido, OMG, Storj and Sythentix Network.

STORJ currently trades near $0.67, with an 8% gain in the past 24 hours. However, the altcoin’s price is down more than 23% in the past 24 hours and is 82% off its March 2021 all-time peak of $3.81.

SNX price is currently at $3.73, up nearly 5% in the past 24 hours. Like STORJ, Synthetix Network price is down over the past week.

CoinGecko data shows SNX/USD has declined more than 26% during this period and is down more than 87% since its all-time high of $28.53 reached in February 2021.

KangaMoon attracts as presale surpasses $2.2 million

KangaMoon (KANG) is currently one of the hottest projects in presale.  The combination of meme culture, SocialFi and Play-to-Earn (P2E) elements has the community excited for what lies ahead.

In particular, its KangaMoon seeks to redefine the blockchain gaming sector by offering its community an earning opportunity right from its presale phase.

Rather than wait for the presale to conclude, this project has rolled out rewards for the community. One can earn as they play, interact and experience the KangaMoon ecosystem.

Specifically, KANG holders can earn more by competing in and completing weekly, monthly and quarterly challenges. This is what has put KangaMoon into the limelight, and one of the reasons the market sees it as one of the top DeFi ecosystem projects.

KANG outlook: Is now a good time to buy?

When the project launches, it will give KANG holders an exclusive chance to monetize their gaming time.

As such, there is a possibility that KangaMoon becomes a top GameFi token. It could also challenge meme coin leaders such as Dogecoin and Shiba Inu. Investors keen to get KANG ahead of its listing also target the early bird opportunity.

At its current stage 4 presale price of $0.014, KANG is still heavily discounted and attractive. More so, its value was at $0.005 in stage 1, suggesting paper gains of up to 180%. The presale is ongoing and the whitepaper highlights more about this project.

Interested? Get more details on the website.

The post STORJ and Synthetix Network in opportunity zone; KangaMoon (KANG) attractive appeared first on CoinJournal.

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MicroStrategy now holds over 1% of the total BTC supply: should you invest more in crypto?

Key takeaways

  • MicroStrategy has purchased 9,245 bitcoins and now holds more than 1% of the total BTC supply.

  • Bitbot has now raised more than $1.1 million as its sixth presale stage draws closer to an end. 

MicroStrategy now holds more than 1% of the total 21 million BTC supply

Michael Saylor-led MicroStrategy has purchased an additional 9,245 BTC for $623M. This latest development means that the software company now holds 214,246 bitcoins, which is more than 1% of all the 21 million of the tokens that will ever exist.

The company paid approximately $7.53 billion for its BTC stash at an average of $35,160 per coin. MicroStrategy took advantage of the dip as Bitcoin has been underperforming in recent days. At press time, the price of Bitcoin stands at $61,908 per coin. 

What is Bitbot?

While the crypto market is experiencing a correction, investors continue to push funds into projects still in presale. A benefactor of this gesture is Bitbot, a unique Web3 project that seeks to provide excellent services to cryptocurrency traders. 

Bitbot is a Telegram trading bot that allows traders to gain access to some exciting features that would help them with their cryptocurrency trading journey. According to their whitepaper, Bitbot allows users to trade cryptocurrencies via their cold wallets on Telegram. The project is leveraging Telegram’s position as a leading social media platform for crypto users.

Bitbot’s trading tool will come with several features that will help traders execute trade transparently and securely. These features are usually available for institutional investors but, Bitbot will make it easy for retail traders to use. 

The project intends to take advantage of the growing trading volume in the cryptocurrency market to establish itself as a leading trading tool. Bitbot could provide services to retail and institutional traders in the cryptocurrency market. 

Bitbot’s features benefit retail traders

While several trading tools are currently available to institutional investors, Bitbot is mostly targeting retail traders. Its Telegram trading tool will focus on offering tech-savvy features to ease the trading process for users.

Bitbot’s primary focus will be on the security of user assets. The tool will use the Knightsafe feature to offer a self-custody solution, mitigating the typical risks associated with Telegram trading. 

Additionally, Bitbot will integrate anti-MEV and anti-rug solutions to help users protect their assets. With these features, traders can protect themselves from bots artificially pumping transaction costs and block scam projects.

Also, Bitbot is working on integrating an ultra-flexible wallet management powered by non-custodial API technology into its tool. This technology will provide an added layer of security to ensure the safety of user funds. 

Finally, the copy trading feature on Bitbot will help new traders navigate the market and gain expertise, Bitbot will also launch a copy trading feature. This feature will enable novice traders to copy the trades of the strongest-performing wallets based on on-chain activities.

Bitbot’s presale surpasses $1.1 million

The Bitbot presale is progressing excellently and it is currently in its sixth stage. So far, Bitbot has raised $1.1 of the required $1.3 for this stage. As the presale grows, it indicates rising interest from investors. 

Currently, the $BITBOT token is going for $0.0128 but is set to increase to $0.0134 once the seventh round commences. In terms of tokenomics, the development team clarified that they would hold 20% of the total token supply and use it to fund ongoing development. Furthermore, 14% of the total token supply is allocated to marketing & CEX listings. Also, another 3% is allocated to exchange liquidity provision.

Click here to read more about Bitbot’s upcoming presale.

Should you buy the BITBOT token now before the price increases?

The Bitbot presale is moving fast thanks to the growing interest from investors. The presale is the opportunity to purchase a token at a discount before they get listed on cryptocurrency exchanges. 

So far, Bitbot’s presale is going excellently and its token could rally higher once it gets listed on CEX and DEXs. If BITBOT gains the right level of adoption, it could be one of the biggest winners in this bull cycle. The project and its token could take advantage of the rising trading volume spurred by the ongoing bullish cycle. 

The post MicroStrategy now holds over 1% of the total BTC supply: should you invest more in crypto? appeared first on CoinJournal.